Inactive Instrument

SBI Shinsei Bank

8303

JP3729000004

Shinsei Bank : Japan's Shinsei files to issue new shares in battle with SBI

September 22, 2021 at 03:36 am EDT

TOKYO (Reuters) - Japan's Shinsei Bank on Wednesday said it filed to issue new shares to thwart an unsolicited bid from shareholder SBI Holdings, a move that paves the way to it launching a 'poison-pill' defence.

The move was widely expected after Shinsei's board this month opted to use a poison pill by issuing warrants to existing shareholders that would dilute SBI's stake.

SBI,which owns Japan's largest online brokerage, operates an online bank and has stakes in regional banks, has said it planned to lift its stake in Shinsei to as much as 48% from 20%.

(Reporting by David Dolan, Editing by Louise Heavens)

Latest news about SBI Shinsei Bank

Certain Common Stock of NETSTARS Co.,Ltd. are subject to a Lock-Up Agreement Ending on 23-MAR-2024.	Mar. 22	CI
Agent Insurance Group, Inc. agreed to acquire Financial Japan Co., Ltd. from SBI Shinsei Bank, Limited.	Feb. 13	CI
EUCALIA Inc. announced that it has received ¥1.1 billion in funding from Kyoto Capital & Partners Co., Ltd., SIGMAXYZ Investment Inc., Atrae, Inc., Sumitomo Mitsui Trust Bank, Limited, SBI Shinsei Bank, Limited, and another investor	Jan. 28	CI
Certain Common Stock of NETSTARS Co.,Ltd. are subject to a Lock-Up Agreement Ending on 24-DEC-2023.	Dec. 23	CI
SBI Shinsei Bank, Limited signed stock transfer agreement to acquire Diamond Asset Finance Company Limited from Keystone Partners Co., Ltd.	Dec. 13	CI
SBI Financial Services Co., Ltd. completed the acquisition of Financial Japan Co., Ltd. from Shinsei Bank, Limited.	Nov. 24	CI
Riken Corporation completed the acquisition of Nippon Piston Ring Co., Ltd. from a group of shareholders.	23-10-01	CI
SBI Shinsei Bank, Limited(TSE:8303) dropped from FTSE All-World Index	23-09-28	CI
Fukuoka REIT Secures 6.9 Billion Yen Loans for Debt Payment	23-09-26	MT
NETSTARS Co.,Ltd. has completed an IPO in the amount of ¥4.674945 billion.	23-09-26	CI
Invincible Investment Corp. Secures 45.07 Billion Yen Loan from Major Banks to Repay Debts	23-09-24	MT
SBI Shinsei Bank, Limited(TSE:8303) dropped from S&P Japan 500	23-09-19	CI
Japan Real Estate Investment Achieves Sustainability Targets, Secures Lower Interest Rate on 2.5 Billion Yen Loan	23-09-18	MT
SBI Shinsei Bank, Limited(TSE:8303) dropped from S&P Global BMI Index	23-09-18	CI
Ichigo Hotel REIT Investment Executes Interest Rate Swap for 7 Billion Yen Loan	23-08-23	MT
Ichigo Hotel REIT Investment to Secure New Loan to Acquire Hotels	23-08-17	MT
Ichigo Hotel REIT Investment Secures 4.5 Billion Yen Loans for Debt Payment	23-08-16	MT
Sega Sammy Resolves to Borrow 105 Billion Yen to Fund Rovio Entertainment Tender Offer	23-08-10	MT
Transcript : SBI Shinsei Bank, Limited, Q1 2024 Earnings Call, Aug 04, 2023	23-08-04
Russia Unrest, Yen Depreciation Weigh on Japanese Shares; Mitsui to Buy Stake in Dutch Food Company For $473 Million	23-06-26	MT
Japan's SBI Holdings raises stake in Shinsei Bank after tender offer	23-06-24	RE
Japan's SBI Holdings raises stakes in Shinsei Bank after tender offer	23-06-23	RE
SBI Regional Bank Holdings Co., Ltd. completed the acquisition of additional 26.97695% stake in SBI Shinsei Bank, Limited from a group of shareholders.	23-06-22	CI
Daiwa Office Investment Borrows 6.5 Billion Yen	23-05-25	MT
Japan's Nikkei hits 18-month high as investors cheer earnings	23-05-15	RE

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Company Profile

SBI Shinsei Bank Ltd, formerly known as Shinsei Bank Ltd is a Japan-based bank, mainly engaged in the provision of financial products and services. The Company provides financial products and services through its corporate business, personal business and international business. The segments of corporate business include Corporate Business, Structured Finance, Principal Transactions, Showa Leasing, Market Business and Other Financial Markets. The segments of personal business include Retail Banking, Shinsei Financial and APLUS. The segments of operating accounts and other businesses include International Operations and Treasury.

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Banks

Calendar

2024-05-09 - Q4 2023 Earnings Release (Projected)

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